New edition

The World Wave & Tidal Market Report by energy industry analysts Douglas-Westwood is now in its second edition. The report focuses on the current and future prospects, technologies and markets for the wave and tidal current stream sectors.

The first commercial wave and tidal current stream projects are now appearing online and forecast expenditure for the 2011-2015 period is $1.2 billion. The sectors have been characterised by a large number of concept devices. An increasing number of these technologies have attracted investment and progressed to full-scale prototype testing and beyond. Key countries such as the UK have put into place greater financial support and site development legislation to help the first commercial projects progress. This emerging industry offers potential to investors seeking to build or expand their renewable portfolio, as well as supply chain companies looking for new markets.

The World Wave & Tidal Market Report provides a comprehensive and fully illustrated review of different technological concepts and devices employed in both existing and future projects. The report provides analysis of the impact of current and new technologies on the industry and identifies the key players in the business.With the sector still young, there are significant issues that must be addressed and overcome. The report analyses and assesses potential solutions to issues such as costs, installation, operations & maintenance and investment. Individual countries must have appropriate legislation and market mechanisms in place to allow development of wave and tidal projects. For each active country the report presents the market drivers, legislation, financial incentives and issues that aim to boost project development.

The report presents worldwide market forecasts for both sectors for the 2011-2015 period. Five years historic data is included for comparison.